Buying silver coins is becoming increasingly popular among retail investors. Silver coins are generally a more interesting purchase for private individuals than silver bars, as 21% VAT is charged on silver bars. Silver coins, on the other hand, fall under the margin scheme, where the selling party pays VAT on the sales margin.
The most advantageous for both private and business customers is to purchase silver bars outside the EU in combination with storage via Holland Gold Safe. Because these bars are in a customs depot in Switzerland or Singapore, no tax is levied. These bars are therefore VAT-free! By buying silver bars in Switzerland or Singapore, you get the most silver for your money!
Most silver coins have a standard weight of 1 troy ounce, such as the silver ones American Eagle, Canadian Maple Leaf and the Austrian Philharmoniker.
In addition to the usual weight of 1 troy ounce, you can also buy other types of silver coins. Popular are the kilo coins, often with an attractive appearance. The kilo coins come in different currencies, such as the Kookaburra and the Lunar. These coins change their design every year, which means that in addition to the silver value, the collector's value is also important.
Of course, in addition to international currencies, you can also Dutch silver coins buy. The most common coins are the old silver guilders, rijksdaalders and tenners. These coins were legal tender at the time and are now bought for their silver value. The newest of these coins was the silver tenner, which circulated in the Netherlands from 1970 to 2001. The silver content of these coins is 72% silver. These coins are loved both for their nostalgic value and for the fact that there is no premium charged on these coins. This way you can buy silver coins relatively cheaply, with an extra added value. Thanks to our purchasing trading partner, we have the opportunity to offer these Dutch silver coins competitively in price and in large quantities.
If you want to buy silver coins, then you have come to the right place at Holland Gold. Buying silver coins with us is quick and easy. We have most items in stock. We can deliver the products that are immediately available to you quickly.
Probably buying silver coins is not an everyday thing for you. You may have questions about our products, the delivery of an order, or any other topic. If that is the case, please contact us at +31 (0)88 4688 400 or send an email to klantenservice@hollandgold.nl.
The best silver coins to buy are the 1 troy ounce silver bullion coins of various years. These coins offer the best value for money and the highest silver content per euro compared to newly minted coins. Silver bullion coins are produced in sizes ranging from 1/4 troy ounce (7.8 grams) up to 10 kilograms. The 1 troy ounce coins are typically the most affordable, as they are minted in much larger quantities and represent the global industry standard.
However, some investors prefer smaller coins even though they carry a slightly higher premium, as these can be more practical for trade or barter in emergency situations. If that’s important to you, consider the historical Dutch silver guilders. Other clients choose the 1 kilogram silver coins, as they are competitively priced and may also hold collectible value.
Important: coins purchased directly from the mint are subject to 21% VAT on the sale price. This makes them less attractive to private investors compared to “various years” coins sold under the margin scheme. Learn more about the difference between new silver coins and various years.
When selling your silver bullion coins back to us, all weights are repurchased at a fixed percentage of the current silver price. Learn more about what the spot price means, how the buyback rate is calculated, and about selling silver and selling silver coins.
If you’re looking to invest in silver coins, the 1 troy ounce silver coins of various years are usually the best priced and offer the highest silver content for your money. Please note that newly minted coins are subject to 21% VAT. If no silver coins are in stock, explore our VAT-free silver options or purchase VAT-free silver through the precious metals account in the Holland Gold App.
All silver bullion coins sold by accredited mints consist of at least 999 out of 1000 parts fine silver, or 99.9% pure silver. This means that in one kilogram of coin, only about one gram of other metals or impurities may be present.
Some coins have an even higher silver content, such as the Silver Canadian Maple Leaf and the Silver Australian Kangaroo. These contain 99.99% silver, making them among the purest silver coins in the world. A silver bullion coin made entirely of silver is not possible, as silver always contains trace amounts of other elements that cannot be completely removed during the production process.
At Holland Gold, we only sell silver coins produced by accredited mints that contain at least 999, or 99.9%, pure silver. All coins are globally tradable.
An example of silver with a lower content is old Dutch coinage, such as silver guilders and rijksdaalders. These coins were once used as legal tender and, for practical reasons, had a silver content of 72%. This made them stronger and more suitable for everyday use.
At Holland Gold, you can purchase these coins per kilogram. The price is calculated based on the actual silver weight, which amounts to 720 grams of pure silver per kilogram. On our website, each product displays the exact silver content, so you always know precisely how much silver your purchase contains.
Those looking to invest in silver can choose between silver coins and silver bars. Both forms consist of physical silver and are traded worldwide. However, there are clear differences between these two investment options, particularly when it comes to VAT and storage.
To understand the difference between silver coins and silver bars, it is important to distinguish between VAT-liable and VAT-free silver. Silver is classified by the Dutch Tax Authorities as an industrial metal. Therefore, a 21% VAT rate applies unless coins fall under the margin scheme or bars are stored in bonded vaults abroad.
Newly issued silver bullion coins (recognisable by the most recent year of issue) and silver bars purchased or stored in the Netherlands are subject to 21% VAT.
No 21% VAT applies to:
These “various years” coins fall under the margin scheme, meaning VAT does not apply.
Read more about the margin scheme
For private investors, purchasing VAT-free silver coins or bars is generally the most cost-effective way to invest in physical silver. The table below outlines the main differences:
| Feature | Silver coins | Silver bars |
|---|---|---|
| Available weights | From ¼ troy ounce (7.78 g) up to 5 kg | From 50 g up to 1,000 troy ounces (31.1 kg) |
| VAT-free purchase available? | Yes – “various years” silver coins | Yes – with storage in Switzerland or Singapore (bonded vault) |
| Legal tender | Yes | No |
| Liquidity | High, recognised worldwide | High, recognised worldwide |
| Storage options | VAT-free in private possession or in storage | VAT-free only with foreign bonded storage (otherwise 21% VAT applies) |
For most private investors, the following options offer the best value:
If you purchase silver as a business, you may be able to reclaim the 21% VAT on newly issued silver coins or bars through your VAT return. Always consult your accountant or tax adviser to confirm whether this applies to your situation before making a purchase.
For silver, platinum, palladium, and gold coins, you can choose between “various years” or newly minted editions. Mixed-year coins are often a more affordable option and can be recognized by the indication “various years” in the product name.
Because these coins are purchased from private sellers or institutional investors, the production margin and associated logistics costs of the mint no longer apply. This allows us to offer these coins at a lower price, making them an attractive choice for investors.
For silver, platinum, and palladium coins, there is also a tax advantage when you choose mixed-year coins. Unlike new coins, no 21% VAT is charged on these coins. When reselling, you will receive the same price for new coins as for mixed-year coins.
View our selection of gold coins, silver coins, and platinum and palladium coins.
Read more about whether you pay VAT on precious metals.
The precious metal you buy from us often comes directly from leading mints and accredited refineries. We carefully check the precious metal in our range for authenticity.
You can silver Easy self-testing: